Update!! Last night I took the old bulkheads off and got 3" conduit ones. They did not have 4". Then I got this piece that has a 4" opening that reduces to 3" to a elbow. Through the bulkhead to a 3" hard pvc pipe out to the pond. I am thinking this will work. Eventhoug the in side is 2" pvc. It still comes from the pipe at 1 1/4. Also I dug the hole deeper. I am working today but might test when I get off at 5pm. I think 22 hours is enough for the flashing to dry.